China discovered the world’s largest gold deposit, alarming markets
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China discovered the world’s largest gold deposit, alarming markets
A massive gold deposit buried deep in China’s Hunan province is reshaping the future of global mining. Tucked beneath the Wangu gold field in Pingjiang County, the site may hold as much as 1,100 tons of gold ore. If confirmed, this would surpass all known precious metal reserves on Earth. That includes the famed South Deep mine in South Africa, which holds around 1,025 tons. The find could shift the global center of gold production. Increasing G…
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